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Tag Archives: Contract

Acceptance of settlement offer created binding contract (access required)

A defendant is obligated to pay a settlement because a question raised by plaintiffs after they accepted the defendant’s offer was not a new term. Background On May 19, 2017, defendant’s former attorney, Jonathan S. Kurtin, sent a letter to ...

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Counterclaims in misappropriation case fail (access required)

Counterclaims brought by a former employee accused of misappropriating company funds are dismissed for insufficient facts and lack of evidence. Background Plaintiffs, a business corporation and its president, allege that defendant Teresa B. Barringer was a long-time company employee in ...

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Investor seeking ownership sues after terms changed – $1,429,275 Verdict (access required)

The case involved claims of fraudulent inducement, breach of contract, and quantum meruit arising from defendant Akira Technologies Inc.’s solicitation of a $250,000 investment from plaintiff Inna Bochkova in the spring 2011. Akira is a small government contractor that was ...

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Volvo granted injunctive relief in suit against dealerships (access required)

Volvo showed a likelihood of success on its claim that commercial-truck dealership owners likely violated a right of first refusal in their agreement with Volvo. Background Defendants Truck Enterprises Inc., James E. Hartman, Truck Enterprises Roanoke Inc., Truck Enterprises Lynchburg ...

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